Financial Supports

Foster parents are entitled to a monthly payment allowance intended to help them cover a portion of the costs of caring for children in their home. Below you will find information about room and board rates in New York State, tax issues and liability insurance.

• NYS Foster Care Boarding Home Rate Information
• Guidelines for Consideration of Foster Care and Subsidy Payments as Income
• Claiming Children in Care as Dependents
• Liability Insurance for Foster Parents: A Discussion Paper from NRCPFC (pdf)
  

Last modified: November 29, 2011

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